Tracy Gliori, a rare success story in a male-dominated industry, learned her business the hard way.
Gliori is president and CEO of TMI Coatings Inc., an Eagan firm that specializes in sandblasting and painting ridiculously tall structures such as water towers, industrial storage tanks and power-plant stacks, not to mention bridges and other acrophobia-inducing structures.
It does other things now, thanks to Gliori's diversification efforts of the past 10 years, including building restorations and application of industrial coatings. But defying the law of gravity is what made the company's reputation -- and it's the source of one of her most memorable lessons.
It was the 1980s and Gliori, fresh out of college, was an estimator for her father, TMI founder Jim Imre. On one of her bids, which involved coating the interior of a large corn-syrup storage tank owned by Royal Crown Cola, she forgot to include the cost of removing the sand left by the requisite sandblasting.
So she suddenly found herself assigned to help shovel the sand into wheelbarrows and haul it outside for disposal.
"It took two days, and the temperature was way above 90 degrees," Gliori said. "I've never forgotten to include such things in my estimates again."
Gliori, who took control of TMI after her father died in a motorcycle crash in 1996, runs a company that employs 85 people, is licensed to operate in 23 mostly mid-continent states and generated $11 million in 2005 revenue, a 22 percent gain over $9 million in 2004.
More important, said Neil Klein, retired TMI controller, she has nudged the company toward more complex, customized industrial work, which carries higher margins and thus has improved its profitability.